A surety bond, or surety bond insurance policy, is a financial guarantee that your business will uphold its contractual obligations. If your business fails to do so, the surety company will cover the cost of any damages up to the full value of the bond. Surety bonds are often required by law for certain businesses, such as construction companies. They are also sometimes required by businesses' customers or partners as a condition of doing business together.
If you own a small business with only a few employees, you may think that qualifying for group health insurance rates is out of the question. After all, most people simply assume that these rates are only offered to large companies with a significant number of insured employees. However, the truth is that you can qualify for group health insurance even if you are the only one who works for your company.
If money is no object, you may not be worried about the long-term costs of owning a new home. However, for most buyers, monthly and annual costs are crucial factors. A house may seem affordable upfront, but unexpected costs can quickly lead to painful budgetary effects. These costs can include repairs and maintenance, but also everyday items such as insurance premiums. While your potential insurance premiums shouldn't be the only thing you consider when buying a house, they're worth keeping in mind.
When purchasing car insurance, you will have two basic types of coverage. There is the coverage that you are mandated by law to carry and then there is add-on or optional coverage which you are free to accept or decline. Many people choose to purchase policies that only offer the legally mandated coverage. This often leads to people discovering they do not have enough coverage when the time comes for them to actually file a claim against their policy.
Insuring a commercial truck can be an important step for anyone that works as an owner-operator or that is responsible for managing a company's fleet. Being informed about the types of coverage that can benefit commercial vehicles can help these individuals to better protect themselves against the liabilities that come with operating large commercial trucks. Assess The Value Of The Cargo You Will Be Hauling There can be a risk for the items that are being transported by the driver to be damaged or even destroyed during the course of being shipped.